63MOONS

** Shares of 63 moons technologies 63MO.NS jump 16.3% to 908.65 rupees, set to gain for fourth straight session

** "63 moons says, National Spot Exchange settlement scheme approved by NCLT," CNBC-TV18 said on social media platform X

** Trading vols at 2.2 mln shares so far, 20x the 30-day average

** The NCLT approval, if the reports are confirmed, marks a final stop for the 12-year long NSEL crisis, potentially leading to all legal cases against company being withdrawn

** Co did not immediately respond to a Reuters' request for comment

** 63MO up ~0.5% YTD post day's gains

(Reporting by Vijay Malkar)

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** 63 Moons Technologies 63MO.NS rises exchange-allowed upper circuit of 5% to 895.5 rupees

** IT services provider approves one-time settlement of 19.50 bln rupees ($230 mln) as proposed by NSEL Investors Forum, representing unpaid claimants

** Majority of unpaid claimants, both in terms of number and claim value, voted in favour of settlement proposal

** Stock set to snap two sessions of losses

** 63MO up ~90% YTD

($1 = 84.7975 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

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** Shares of 63 Moons Technologies 63MO.NS rise 5% to 631.5 rupees, their highest in nearly a year

** The computer programming firm's unit, Ticker Ltd, raises funds via private placement of 73 mln shares at 20 rupees each

** More than 1 mln shares traded, 1.7x its 30-day avg

** Stock up 33.9% YTD

(Reporting by Aleef Jahan in Bengaluru)

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Nov 27 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:

• 63 MOONS TECHNOLOGIES - UNIT RAISED FUNDS VIA PRIVATE PLACEMENT OF 73 MILLION SHARES

• 63 MOONS TECHNOLOGIES - PRIVATE PLACEMENT AT 20 RUPEES/SHARE

Source text: ID:nBSE92WkFk

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Sept 13 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:

• WAS NOT SERVED NOTICE BY NIAG

• WILL CLARIFY ALL ALLEGATIONS IN SC

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(Reporting by VijayDattaram Malkar)

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** Shares of 63 Moons Technologies Ltd 63MO.NS down 5%

** IT services provider posts Q1 loss as rev shrunk by two-thirds

** Around 457,000 shares traded - 2.4x 30-day avg volume

** Stock down ~30% YTD

(Reporting by Nandan Mandayam in Bengaluru)

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Aug 12 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:

• 63 MOONS TECHNOLOGIES LTD JUNE-QUARTER CONSOL LOSS AFTER TAX 85.9 MILLION RUPEES

• 63 MOONS TECHNOLOGIES LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 387 MILLION RUPEES

Source text for Eikon: ID:nBSEc3MRmJ

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** Shares of Multi Commodity Exchange of India (MCX) MCEI.NS up 6% at 3,952.60 rupees

** Motilal Oswal upgrades stock to "buy" from "neutral", sets Street-high PT of 4,300 rupees

** New products, including gold serial contracts, power contracts, will be key growth drivers for MCX in near term, says Motilal Oswal

** MCX's recently launched Steel TMT bar contracts expected to result in large volumes for MCX, Motilal says

** Adds, completion of software transition to TCS TCS.NS from 63 Moons 63MO.NS will result in cost savings

** Avg rating of eight analysts at "buy"; median PT is 3,900 rupees - LSEG data

** Trading volume nearly 5x the 30-day moving avg, its busiest session so far this year

** Stock up 23.5% YTD after more than doubling in 2023

(Reporting by Kashish Tandon in Bengaluru)

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Feb 12 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:

• 63 MOONS TECHNOLOGIES DEC-QUARTER CONSOL NET PAT 927.2 MILLION RUPEES VERSUS PROFIT 219.9 MILLION RUPEES

• 63 MOONS TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.61 BILLION RUPEES VERSUS 931.4 MILLION RUPEES

Source text for Eikon: ID:nBSE4ZZCs7

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** Shares of 63 Moons Technologies 63MO.NS rise as much as 5% to 541.35 rupees, hitting over 10-year high

** Stock on track for 13th consecutive session of gains, if trends hold

** IT services and consulting firm announces its technology initiatives in domains of cybersecurity, legal tech and blockchain

** More than 180,000 shares change hands by 2:37 p.m. IST, 0.6x the 30-day avg

** Stock has more than tripled so far this year

(Reporting by Dimpal Gulwani in Bengaluru)

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** Shares of 63 Moons Technologies 63MO.NS rise as much as 9.5% to 277.8 rupees, highest since July 14

** Co reported a consolidated net PAT on Tuesday vs a loss a year ago

** The IT services and consulting firm said rev from ops nearly tripled

** 63MO trading above its moving average convergence divergence line, indicating bullish sentiment

** Stock rises over 51% this year, up to last close

($1 = 82.8040 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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Aug 8 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:

• JUNE-QUARTER CONSOL NET PAT 389.9 MILLION RUPEES VERSUS LOSS 118.4 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.15 BILLION RUPEES VERSUS 408.1 MILLION RUPEES

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Updates with background about contract details with 63 Moons and TCS in paragraphs 3 and 5; comments from MCX and 63 Moons in paragraphs 4,7 and 8; analyst comment in paragraph 6, share details in paragraphs 9 and 10

BENGALURU, June 30 (Reuters) - Shares of Multi Commodity Exchange of India (MCX) MCEI.NS tanked as much as 14% on Friday after the company, late on Wednesday, extended the services of software vendor 63 Moons Technologies 63MO.NS for six months at a higher cost.

The company renewed the contract for 1.25 billion rupees ($15.24 million) per quarter, beginning July 1, compared with 810 million rupees in the previous renewal and 600 million rupees before that.

63 Moons Technologies's long-term contract ended last year. The commodity exchange MCX had selected Tata Consultancy Services (TCS) TCS.NS as its new service provider in 2021.

MCX is better prepared to migrate to the new commodity derivatives platform, the company said in a statement on Wednesday, adding that MCX decided to extend the support from 63 Moons to ensure necessary compliances.

MCX's transition to the TCS-run platform has been delayed, despite the company assuring analysts and its investors that the transition would take place by end-June.

The delay will impact new product launches as well as an increase in foreign investor participation, Motilal Oswal analysts said in a note, cutting their earnings per share estimate by 69% for fiscal 2024.

Meanwhile, 63 Moons said in a statement on Thursday that the software company had "once again agreed to the eleventh-hour request by MCX."

"We sincerely wish that this ‘last time’ really happens someday," 63 Moons said, adding that MCX has not opted for an offer to purchase software source code.

Shares of 63 Moons rose 11.6% on the contract renewal.

MCX shares, which are down about 5% so far this year, were last down 10.1%.

($1 = 82.0170 Indian rupees)

(Reporting by Sethuraman NR in Bengaluru; Editing by Janane Venkatraman)

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June 29 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:

• 63 MOONS TECHNOLOGIES LTD - AGREED TO ELEVENTH-HOUR REQUEST BY MULTI COMMODITY EXCHANGE OF INDIA LIMITED

• 63 MOONS TECHNOLOGIES LTD - NEW ARRANGEMENT OF SOFTWARE SUPPORT SERVICE WILL BE FROM COMMENCING FROM 1ST JULY 2023 TO 31ST DECEMBER 2023

• 63 MOONS TECHNOLOGIES- THIS IS THIRD TIME MCX APPROACHED CO TO EXTEND SOFTWARE SUPPORT SERVICE ARRANGEMENT AFTER LONG-TERM ARRANGEMENT WITH MCX ENDED SEPT 30, 2022

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** Shares of 63 Moons Technologies Ltd 63MO.NS fall as much as 9.6%, its biggest pct loss since April 19, 2021

** Co reported consolidated net loss after tax of 175.7 mln rupees ($2.2 mln) vs a loss of 86.1 mln rupees year ago

** Rev from ops saw near 3-fold jump, but hurt by an exceptional item worth 413.7 mln rupees

** Stock trading below 50-, 100- and 200-day exponential moving avgs since April 18

** More than 397,000 shares change hands by 11:00 a.m. IST, nearly 4x the 30-day avg

** As of last close, stock up 7.5% this year

($1 = 82.7464 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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May 24 (Reuters) - 63 Moons Technologies Ltd 63MO.NS:

• INDIA'S 63 MOONS TECHNOLOGIES LTD MARCH-QUARTER CONSOL NET LOSS AFTER TAX 175.7 MILLION RUPEES VERSUS LOSS 86.1 MILLION RUPEES

• 63 MOONS TECHNOLOGIES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.12 BILLION RUPEES VERSUS 421.9 MILLION RUPEES

Source text for Eikon: ID:nBSE2X7bZL

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April 20 (Reuters) - CARE Ratings Ltd CREI.NS:

• FILED APPEALS AGAINST COURT ORDER ON INTERIM APPLICATIONS FILED BY 63 MOONS TECHNOLOGIES AGAINST CO, OTHERS

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